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Posts Tagged ‘ Electricity Problems ’

Gold Shoots Higher, but Pulls Back

Jun 20th, 2008 | By Doug Casey | Category: Gold Market

Gold was slightly lower until the open of the New York session on Thursday, but went vertical at that point, adding $20 in an hour and peaking at $908 before easing during the rest of the NYMEX and dropping further in the Globex to fall back below $900 and finish at $898.00/oz., up only $4.40. Overnight, gold is trending higher.